Germany news: Industry hemorrhaging 15,000 jobs a month – Industry boss Tanja Gönner says the situation is critical but offers opportunity.
The head of the Federation of German Industries (BDI) says the country has become less competitive and called on politicians and business leaders to usher in a course correction.
German battery maker Varta files insolvency applications – German battery manufacturer Varta has filed four insolvency applications, a spokesperson for the Stuttgart district court said on Friday, marking another setback for the company.
Reuters reported on Thursday that Varta planned to file for insolvency after its shareholders sports car maker Porsche AG and Austrian investor Michael Tojner declined to provide additional funding to the struggling company.
Varta now faces a potential breakup: Key creditors, including Deutsche Bank, intend to take over the profitable household battery business, while Tojner has expressed interest in the micro-battery division.
Varta lost its key customer in the spring: Apple plans to source the rechargeable “CoinPower” button cells for its AirPods headphones from China in the future.
The great German own goal – In economics, as in football, they’ve lost their edge.
Can it be a coincidence? For three World Cups in a row, Germany has failed to make it to the last 16. For the 16 previous tournaments — from 1954 until 2014 — it never failed to reach the quarter finals. You can be unlucky once, or even twice, but three times? Especially when we see a similar pattern in the Euros, this failure can’t be explained away by the glorious randomness of football.
The year of the 2018 World Cup also marked a turning point for the German economy. Until then, it was considered one the most successful in the world, a reputation it had enjoyed almost without interruption since the Second World War. I spent a lot of time back then warning that Germany’s strategy was not sustainable — even if it superficially seemed to work. From 1945 to 2018, after all, Germany was Europe’s manufacturing powerhouse. The last eight years, though, have been marked by deindustrialisation, price spikes, and persistent economic disappointment…
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China owns more than 11,000 German-developed patents, IW study shows – China has taken ownership of more than 11,300 patents developed in Germany over the past two decades, according to a study by the German Economic Institute (IW) commissioned by the Bertelsmann Foundation.
Nearly one in three inventions developed in Germany is owned by a foreign entity. Of those, almost a third are held by U.S. owners and about 11% by Swiss owners, the study showed on Tuesday.
Germany’s poverty rate rises to record high, welfare group says – Germany’s poverty rate rose to a record high of 16.1% in 2025, leaving around 13.3 million people classified as poor, according to a report published on Tuesday by the Paritätische, an umbrella group for charitable organizations.
The figure was up from 15.5% a year earlier and marked the highest level since comparable records began, the association said, citing official data released earlier this year.
Germany news: Climate activists target tank factory – Climate activists have carried out protests across the industrial Ruhr Valley ahead of a weekend of climate action.
Climate activists target Ruhr Valley as Greta Thunberg attends protest camp.
Germany’s China problem – and why de-risking hasn’t worked.
Dan Wang of Eurasia Group discusses the paradox of Europe’s current trade strategy, noting that Germany’s efforts to “de-risk” over the past years have actually deepened its reliance on China’s supply chain.
Germany’s Slow Industrial Suicide – The climate left is achieving its goal of de-industrialization.
If the road to economic hell is paved with good intentions, don’t expect to see many German cars driving on it. Green mandates and other regulations are killing jobs in the long-revered German auto industry, as a new report from an industry association warns.
Germany has lost some 100,000 auto-related jobs since 2019, says the German Association of the Automotive Industry, or VDA. Another 125,000, or one in six current jobs in the industry, are on track to disappear by 2035.
A more radical resuscitation remedy may be needed.
Germany urged to stop admiring Beijing and wake up to ‘China Shock 2.0’ – ‘China has already eaten much of German industry’s lunch and is preparing to start on dinner,’ thinktank says.
Germany must stop admiring China’s success in the EU or it will sleepwalk into the kind of deindustrialisation the US experienced 25 years ago, a leading Brussels thinktank has said.